NYC businesses struggle to survive under $15 minimum wage: 'no choice but to cut people at the bottom'

New York City businesses have been paying $15 minimum wage less than a year, and many of them are already feeling the negative impacts and having to make difficult cuts, according to The Wall Street Journal.

Businesses in the city with 11 or more workers were forced to pay $15 per hour starting at the beginning of 2019, and predictably, some of them are having to raise prices, cut hours, or even lay off workers.

"They're cutting their staff," said Thomas Green, president of the Queens Chamber of Commerce, who...